THE CORPORATIONS LAW

CHAPTER 8 - THE FUTURES INDUSTRY

PART 8.3 - PARTICIPANTS IN THE FUTURES INDUSTRY

Division 1 - Futures brokers and futures advisers

SECTION 1154   COMMISSION MAY REQUIRE LICENSED FUTURES BROKER TO GIVE INFORMATION  

1154(1)  [Direction to licence holder requiring information]  

The Commission may, by writing given to the holder of a futures brokers licence, direct the holder to give the Commission specified information about, or a specified statement relating to, a business of dealing in futures contracts that the holder carries on or has carried on.

1154(2)  [Direction may require audit]  

A direction under subsection (1) to give a specified statement may also direct the holder to cause the statement to be audited by a registered company auditor before it is given to the Commission.

1154(3)  [Compliance]  

A person shall comply with a direction under this section:

(a)  if the direction specifies a reasonable period for compliance - within that period; or

(b)  in any other case - within a reasonable period;

or within that period as extended by the Commission by writing given to the person.




This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.